Shares of Ather Industries are going to knock in the Indian markets today. According to the information available on BSE website, Ather Industries shares are going to be available for trading on NSE and BSE from 3rd June 2022 as Ather IPO Listing date is fixed as 3rd June 2022 i.e. today. The BSE website further informed that the shares of the chemical company will be listed in a special counter-opening session at around 10 am today.
As per market observers, Ather Industries shares are available at a premium of Today 23 in Gray Market. However, stock market experts believe that Ather Industries share may have a ‘Positive’ listing and Ather Industries share price may open around today. 700 per equity share.
to speak on Ather IPO Listing Price PredictionAyush Agarwal, Senior Analyst, Swastika Investmart Ltd said, “Ather Industries Ltd. is one of the fastest growing chemical manufacturers in India with high focus on R&D, differentiated chemistry and technical core competencies and a strong Depends on product selection. Process. The issue has received good response from investors, especially on the institutional side; There is a lack of action in the gray market, so it is difficult to predict the exact listing price. The issue’s price P/E 72.30 based on annual FY22 figures. However, we believe that the company deserves this premium multiplier due to its phenomenal growth prospects. Nevertheless, we expect positive listing for this issue.”
On Ather IPO listing price, Ravi Singhal, Vice Chairman, GCL Securities said, “Following the change in market sentiment last week due to relief rally (market still volatile), we are expecting a positive opening for Ather shares in Indian markets. We are expecting this stock to list 700, provides premium benefits of around 9-10 per cent to the allottees.”
Abhay Doshi, Founder, UnlistedArena.com, said, “Ather Industries has received a better response than the recent IPO. Experienced promoters, good margins and impressive top-bottom line growth works in favor of the company. Amidst the market volatility, we can see the listing on a positive note and the issue may get listed at a nominal premium of around 3-5 per cent.
Ather IPO GMP Today
Ather IPO GMP (Grey Market Premium) Today, According to Market Observers 23, which means that the gray market is expecting the Ather IPO listing price to be around 665 ( 642 + 23).
Disclaimer: The views and recommendations given above are those of individual analysts or broking companies and not of Mint.